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Financial Statements 2017–2018 (Unaudited)

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For the year ended March 31, 2018

Table of Contents


Statement of Management Responsibility Including Internal Control Over Financial Reporting

Responsibility for the integrity and objectivity of the accompanying financial statements for the year ended March 31, 2018, and all information contained in these statements rests with the management of the Canada School of Public Service (the School). These financial statements have been prepared by management using the Government's accounting policies, which are based on Canadian public sector accounting standards.

Management is responsible for the integrity and objectivity of the information in these financial statements. Some of the information in the financial statements is based on management's best estimates and judgement and gives due consideration to materiality. To fulfil its accounting and reporting responsibilities, management maintains a set of accounts that provides a centralized record of the School's financial transactions. Financial information submitted in the preparation of the Public Accounts of Canada and included in the School's Departmental Results Report is consistent with these financial statements.

Management is also responsible for maintaining an effective system of internal control over financial reporting (ICFR) designed to provide reasonable assurance that financial information is reliable, that assets are safeguarded and that transactions are properly authorized and recorded in accordance with the Financial Administration Act, the Canada School of Public Service Act and other applicable legislation, regulations, authorities and policies.

Management seeks to ensure the objectivity and integrity of data in its financial statements through careful selection, training and development of qualified staff; through organizational arrangements that provide appropriate divisions of responsibility; through communication programs aimed at ensuring that regulations, policies, standards, and managerial authorities are understood throughout the School and through conducting an annual risk-based assessment of the effectiveness of the system of ICFR.

The system of ICFR is designed to mitigate risks to a reasonable level based on an ongoing process to identify key risks, to assess effectiveness of associated key controls and to make any necessary adjustments.

The School is subject to periodic Core Control Audits performed by the Office of the Comptroller General (OCG) and uses the results of such audits to comply with the Treasury Board Policy on Financial Management.

A Core Control Audit was performed in 2014–2015 by the OCG. The Audit Report and related Management Action Plan are posted on the School's website.

The financial statements of the School have not been audited.

Original signed by:
Taki Sarantakis
President

September 4, 2018
Ottawa, Canada


Geofredo Garay
A/Vice-President, Corporate Services Branch

August 29, 2018
Ottawa, Canada

Statement of Financial Position (Unaudited)

Statement of Financial Position (Unaudited) as of March 31, 2018. Read down the first column for a list of liabilities, financial assets and non-financial assets. Read across to the right for the amounts in thousands of dollars for 2018 and 2017. The departmental net financial position is presented in the last row of the table.
As at March 31
(in thousands of dollars)
2018 2017
Restated
(Note 10)
Liabilities
Accounts payable and accrued liabilities (note 4)
8,370 9,813
Vacation pay and compensatory leave
3,177 2,918
Employee future benefits (note 5)
2,972 2,757
Other liabilities
1 1
Total liabilities 14,520 15,489
Financial assets
Due from the Consolidated Revenue Fund
6,344 8,594
Accounts receivable and advances (note 6)
4,012 2,390
Total gross financial assets 10,356 10,984
Financial assets held on behalf of Government
Accounts receivable and advances (note 6)
(1,288) (804)
Total financial assets held on behalf of Government (1,288) (804)
Total net financial assets 9,068 10,180
Departmental net debt 5,452 5,309
Non-financial assets
Prepaid expenses
104 72
Tangible capital assets (note 7)
5,436 4,856
Total non-financial assets 5,540 4,928
Departmental net financial position 88 (381)

The accompanying notes form an integral part of the financial statements.

Original signed by:
Taki Sarantakis
President

September 4, 2018
Ottawa, Canada


Geofredo Garay
A/Vice-President, Corporate Services Branch and Chief Financial Officer

August 29, 2018
Ottawa, Canada

Statement of Operations and Departmental Net Financial Position (Unaudited)

Statement of Operations and Departmental Net Financial Position (Unaudited) for the year ended March 31, 2018. Read down the first column for the expenses, revenues, and government funding and transfers. Read across to the right for the amounts in thousands of dollars for planned results 2018 and actual results for 2018 and 2017. The departmental net financial position at the beginning of the year and end of the year are presented in the last rows of the table.
For the year ended March 31
(in thousands of dollars)
Planned
Results
2018
2018 2017
Restated
(Note 10)
Expenses
Learning Services
69,214 64,633 70,368
Internal Services
22,399 24,013 25,092
Total expenses 91,613 88,646 95,460
Revenues
Sales of goods and services
6,068 9,740 7,973
Other revenues
- 5 5
Total revenues 6,068 9,745 7,978
Net cost of operations before government funding and transfers 85,545 78,901 87,482
Government funding and transfers
Net cash provided by Government
67,459 77,146
Change in due from Consolidated Revenue Fund
(2,250) (3,687)
Services provided without charge by other government departments (note 8)
14,161 13,991
Net cost (revenue) of operations after government funding and transfers (469) 32
Departmental net financial position – Beginning of year (381) (349)
Departmental net financial position – End of year 88 (381)

Segmented information (note 9)
The accompanying notes form an integral part of the financial statements.

Statement of Change in Departmental Net Debt (Unaudited)

Statement of Change in Departmental Net Debt (Unaudited) for the year ended March 31, 2018. Read down the first column for a list of changes. Read across to the right for the amounts in thousands of dollars for 2018 and 2017. The departmental net debt at the beginning of the year and end of the year are presented in the last rows of the table.
For the year ended March 31
(in thousands of dollars)
2018 2017
Restated
(Note 10)
Net cost (revenue) of operations after government funding and transfers (469) 32
Change due to tangible capital assets
Acquisition of tangible capital assets
1,807 835
Amortization of tangible capital assets (note 7)
(1,227) (1,109)
Net gain on disposal of tangible capital assets including adjustments
- 1
Total change due to tangible capital assets 580 (273)
Change due to prepaid expenses 32 14
Net increase (decrease) in departmental net debt 143 (227)
Departmental net debt – Beginning of year 5,309 5,536
Departmental net debt – End of year 5,452 5,309

The accompanying notes form an integral part of the financial statements.

Statement of Cash Flows (Unaudited)

Statement of Cash Flows (Unaudited) for the year ended March 31, 2018. Read down the first column for the operating activities and capital investing activities. Read across to the right for the amounts in thousands of dollars for 2018 and 2017. Net cash provided by the Government of Canada is presented in the last row of the table.
For the year ended March 31
(in thousands of dollars)
2018 2017
Restated
(Note 10)
Operating activities
Net cost of operations before government funding and transfers 78,901 87,482
Non-cash items
Amortization of tangible capital assets (note 7)
(1,227) (1,109)
Tangible capital assets – Adjustment
- 1
Services provided without charge by other government departments (note 8)
(14,161) (13,991)
Variations in Statement of Financial Position
Increase in accounts receivable and accountable advances
1,138 615
Increase in prepaid expenses
32 14
Decrease in accounts payable and accrued liabilities
1,442 2,671
Increase in vacation pay and compensatory leave
(258) (372)
Decrease (increase) in employee future benefits
(215) 1,000
Cash used in operating activities 65,652 76,311
Capital investing activities
Acquisitions of tangible capital assets (note 7)
1,807 835
Cash used in capital investing activities 1,807 835
Net cash provided by Government of Canada 67,459 77,146

The accompanying notes form an integral part of the financial statements.

Notes to the Financial Statements (Unaudited)

For the year ended March 31

1. Authority and objectives

On April 1, 2004, amendments to the Canadian Centre for Management Development Act were proclaimed and the organization was renamed the Canada School of Public Service (the School). The amended legislation, now entitled the Canada School of Public Service Act, continues and expands the mandate of the former organization as a departmental corporation. The School reports to the President of the Treasury Board and Minister of Digital Government.

The School has a single strategic outcome: "Federal public service employees have the common knowledge, skills and competencies to fulfil their responsibilities in serving Canadians". One program supports this strategic outcome: Learning Services.

The School was created to ensure that employees of its client departments in the core federal public administration have the required competencies and common knowledge to serve Canadians in the most efficient and effective way possible. To achieve this goal, the School continues to offer a strong, consistent curriculum that focuses on the key skills and knowledge required by a dynamic public service that must constantly adapt to the needs of its stakeholders and Canadians.

2. Summary of significant accounting policies

These financial statements have been prepared using the School's accounting policies stated below, which are based on Canadian public sector accounting standards. The presentation and results using the stated accounting policies do not result in any significant differences from Canadian public sector accounting standards.

Significant accounting policies are as follows:

  1. Parliamentary authorities

    The School is financed primarily by the Government of Canada through parliamentary authorities. Financial reporting of authorities provided to the School do not parallel financial reporting according to generally accepted accounting principles since authorities are primarily based on cash flow requirements. Consequently, items recognized in the Statement of Operations and Departmental Net Financial Position and in the Statement of Financial Position are not necessarily the same as those provided through authorities from Parliament. Note 3 provides a reconciliation between the bases of reporting. The planned results amounts in the "Expenses" and "Revenues" sections of the Statement of Operations and Departmental Net Financial Position are the amounts reported in the Future-Oriented Statement of Operations included in the 2017–18 Departmental Plan. Planned results are not presented in the "Government funding and transfers" section of the Statement of Operations and Departmental Net Financial Position and in the Statement of Change in Departmental Net Debt because these amounts were not included in the 2017–18 Departmental Plan.

  2. Net cash provided by Government

    The School operates within the Consolidated Revenue Fund (CRF), which is administered by the Receiver General for Canada. All cash received by the School is deposited to the CRF, and all cash disbursements made by the School are paid from the CRF. The net cash provided by Government is the difference between all cash receipts and all cash disbursements, including transactions between departments of the Government.

  3. Due from or to the Consolidated Revenue Fund

    Amounts due from or to the CRF are the result of timing differences at year-end between when a transaction affects authorities and when it is processed through the CRF. Amounts due from the CRF represent the net amount of cash that the School is entitled to draw from the CRF without further authorities to discharge its liabilities.

  4. Revenues

    Revenues are accounted for in the period in which the underlying transaction or event occurred that gave rise to the revenues.

  5. Expenses

    Expenses are recorded on the accrual basis:

    • Vacation pay and compensatory leave are accrued as the benefits are earned by employees under their respective terms of employment.
    • Services provided without charge by other government departments for accommodation and employer contributions to the health and dental insurance plans are recorded as operating expenses at their estimated cost.
  6. Employee future benefits

    • Pension benefits: Eligible employees participate in the Public Service Pension Plan, a multiemployer pension plan administered by the Government of Canada. The School's contributions to the Plan are charged to expenses in the year incurred and represent the total departmental obligation to the Plan. The School's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan's sponsor.
    • Severance benefits: The accumulation of severance benefits for voluntary departures ceased for applicable employees groups. The remaining obligation for employees who did not withdraw benefits is calculated using information derived from the results of the actuarially determined liability for employee severance benefits for the Government as a whole.
  7. Accounts receivable and advances

    Accounts receivable and advances are stated at the lower of cost or net recoverable value. A valuation allowance is recorded for receivables where recovery is considered uncertain.

  8. Tangible capital assets

    All tangible capital assets and leasehold improvements having an initial cost of $5,000 or more are recorded at their acquisition cost. The School does not capitalize intangible assets.

    Amortization of tangible capital assets is calculated on a straight-line basis over the estimated useful life of the assets as follows:

    Note 2 - Summary of significant accounting policies. (h) Tangible capital assets. Amortization periods for tangible capital assets based on a straight-line basis over the estimated useful life of the assets. Read down the first column for the asset class and down the second for the amortization period.
    Asset class Amortization period
    Machinery and Equipment 5-10 years
    Other Equipment (including furniture) 5-12 years
    Informatics Hardware 3-5 years
    Software (including developed software) 3-5 years
    Leasehold Improvements Over the useful life of the improvement or the lease term, whichever is shorter

    Assets under construction are recorded in the applicable capital asset class and amortized when they become available for use.

  9. Measurement uncertainty
    The preparation of these financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses reported in the financial statements and accompanying notes at March 31. At the time of preparation of these statements, management believes the estimates and assumptions to be reasonable. The most significant items where estimates are used are the allowance for doubtful accounts, the liability for employee future benefits and the useful life of tangible capital assets. Actual results could significantly differ from those estimated. Management's estimates are reviewed periodically, and as adjustments become necessary, they are recorded in the financial statements in the year they become known.

3. Parliamentary authorities

The School receives most of its funding through annual parliamentary authorities. Items recognized in the Statement of Operations and Departmental Net Financial Position and the Statement of Financial Position in a given year may be funded through parliamentary authorities in prior, current or future years. Accordingly, the School has different net results of operations for the year on a government funding basis than on an accrual accounting basis. The differences are reconciled in the following tables:

  1. Reconciliation of net cost of operations to current year authorities used

    Note 3 - Parliamentary authorities. (a) Reconciliation of net cost of operations to current year authorities used. Read down the first column for the net cost of operations before government funding, transfers and adjustments, adjustments for items affecting the net cost of operations but not affecting authorities, and adjustments for items not affecting the net cost of operations but affecting authorities. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2017 Current year authorities used is presented in the last row of the table.
    (in thousands of dollars) 2018 2017
    Net cost of operations before government funding and transfers 78,901 87,482
    Adjustments for items affecting net cost of operations but not affecting authorities:
    Revenues
    9,745 7,978
    Services provided without charge by other government departments
    (14,161) (13,991)
    Decrease in employee future benefits
    (215) 1,000
    Amortization of tangible capital assets
    (1,227) (1,109)
    Prior year adjustments
    225 975
    Provisions for vacation pay and compensatory leave
    (258) (372)
    Other
    53 (28)
    Total adjustments for items affecting net cost of operations but not affecting authorities (5,838) (5,547)
    Adjustments for items not affecting net cost of operations but affecting authorities:
    Acquisition of tangible capital assets (note 7)
    1,807 835
    Increase in prepaid expense
    32 14
    Salary overpayments
    1,388 -
    Total adjustments for items not affecting net cost of operations but affecting authorities 3,227 849
    Current year authorities used 76,290 82,784
  2. Authorities provided and used

    Note 3 - Parliamentary authorities. (b) Authorities provided and used. Read down the first column for the authorities provided and lapsed and statutory authorities. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2016. Current year authorities used is presented in the last row of the table.
    (in thousands of dollars) 2018 2017
    Authorities provided
    Vote 1 – Program expenditures
    68,248 71,454
    Less
    Lapsed authorities
    (1,058) (2,992)
    Total authorities used 67,190 68,462
    Statutory authorities
    Spending of revenues pursuant to subsection 18(2) of the Canada School of Public Service Act
    2,646 7,297
    Contributions to employee benefits plan
    6,454 7,021
    Spending of proceeds from the disposal of surplus Crown assets
    - 4
    Total statutory authorities used 9,100 14,322
    Current year authorities used 76,290 82,784

4. Accounts payable and accrued liabilities

The following table presents details of the School's accounts payable and accrued liabilities:

Note 4 - Accounts payable and accrued liabilities. Read down the first column for the accounts payable and liabilities, ordered by category. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2017. Total accounts payable and accrued liabilities is presented in the last row of the table.
(in thousands of dollars) 2018 2017
Accounts payable – Other government departments and agencies 2,722 982
Accounts payable – External parties 1,102 1,918
Total accounts payable 3,824 2,900
Accrued liabilities 4,546 6,913
Total accounts payable and accrued liabilities 8,370 9,813

5. Employee future benefits

  1. Pension benefits

    The School's employees participate in the Public Service Pension Plan, which is sponsored and administered by the Government of Canada. Pension benefits accrue up to a maximum period of 35 years at a rate of 2% per year of pensionable service times the average of the best 5 consecutive years of earnings. The benefits are integrated with the Canada/Québec Pension Plan benefits, and they are indexed to inflation.

    Both the employees and the School contribute to the cost of the Plan. Due to the amendment of the Public Service Superannuation Act following the implementation of provisions related to Economic Action Plan 2012, employee contributors have been divided into 2 groups. Group 1 consists of existing plan members as of December 31, 2012 and Group 2 consists of members joining the Plan as of January 1, 2013. Each group has a distinct contribution rate.  

    The 2017–2018 expense amounts to $4.4 million ($4.9 million in 2016–2017). For Group 1 members, the expense represents approximately 1.01 times (1.12 times in 2016–2017) the employee contributions and, for Group 2 members, it represents approximately 1.00 times (1.08 times in 2016–2017) the employee contributions.  

    The School's responsibility with regard to the Plan is limited to its contributions. Actuarial surpluses or deficiencies are recognized in the financial statements of the Government of Canada, as the Plan's sponsor.

  2. Severance benefits

    Severance benefits provided to the School's employees were previously based on an employee's eligibility, years of service and salary at termination of employment. However, since 2011 the accumulation of severance benefits for voluntary departures progressively ceased for substantially all employees. Employees subject to these changes were given the option to be paid the full or partial value of benefits earned to date or collect the full or remaining value of benefits upon departure from the public service. By March 31, 2018, substantially all settlements for immediate cash-out were completed. Severance benefits are unfunded and, consequently, the outstanding obligation will be paid from future authorities.

    The changes in the obligations during the year were as follows:

    Note 5 - Employee future benefits. (b) Severance benefits. Read down the first column for the benefits owing at the beginning of the year, expense for the year, benefits paid during the year and the balance owing at the end of the year. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2017
    (in thousands of dollars) 2018 2017
    Accrued benefit obligation – beginning of year 2,757 3,757
    Expense for the year 1,253 (856)
    Benefits paid during the year (1,038) (144)
    Accrued benefit obligation – end of year 2,972 2,757

6. Accounts receivable and advances

The following table presents details of the School's accounts receivable and advances balances:

Note 6 - Accounts receivable and advances. Read down the first column for the receivables and advances, ordered by category. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2017 Total accounts receivable and advances is presented in the last row of the table.
(in thousands of dollars) 2018

2017
Restated
(Note 10)

Receivables – Other government departments and agencies 2,718 1,576
Receivables – External parties 1,300 877
Employee advances 2 -
  4,020 2,453
Allowance for doubtful accounts on receivables from external parties (8) (63)
Gross accounts receivable 4,012 2,390
Accounts receivable held on behalf of Government (1,288) (804)
Net accounts receivable 2,724 1,586

7. Tangible capital assets

Note 7 - Tangible capital assets. Cost. Read down the first column for the capital asset class. Read across to the right for the cost, in thousands of dollars, for the opening balance; acquisitions; adjustments; disposals and write-offs; and closing balance. The totals are presented in the last row of the table.
Cost (in thousands of dollars)
Capital asset class Opening
balance
Acquisitions Adjustments Disposals
and write-offs
Closing
balance
Machinery and equipment
3,329 76 - (148) 3,257
Other equipment (including furniture)
145 516 - - 661
Informatics hardware
506 - - (7) 499
Software (including developed software)
10,543 - - - 10,543
Leasehold improvements
1,966 1,215 - - 3,181
Assets under construction
222 - - - 222
Total 16,711 1,807 - (155) 18,363
Note 7 - Tangible capital assets. Accumulated amortization. Read down the first column for the capital asset class. Read across to the right for the accumulated amortization, in thousands of dollars, for the opening balance; amortization; adjustments; disposals and write-offs; and closing balance. The totals are presented in the last row of the table.
Accumulated amortization (in thousands of dollars)
Capital asset class Opening
Balance
Amortization Adjustments Disposals and
write-offs
Closing
balance
Machinery and equipment
1,101 562 - (148) 1,515
Other equipment (including furniture)
107 14 - - 121
Informatics hardware
331 77 - (7) 401
Software (including developed software)
9,291 407 - - 9,698
Leasehold improvements
1,025 167 - - 1,192
Assets under construction
- - - - -
Total 11,855 1,227 - (155) 12,927
Note 7 - Tangible capital assets. Net book value. Read down the first column for the capital asset class. Read across to the right for the net book value, in thousands of dollars, for 2018 and 2017. The totals are presented in the last row of the table.
Net book value (in thousands of dollars)
Capital asset class 2018 2017
Machinery and equipment
1,742 2,228
Other equipment (including furniture)
540 38
Informatics hardware
98 175
Software (including developed software)
845 1,252
Leasehold improvements
1,989 941
Assets under construction
222 222
Total
5,436 4,856

8. Related party transactions

The School is related as a result of common ownership to all government departments, agencies, and Crown corporations. The School enters into transactions with these entities in the normal course of business and on normal trade terms.

  1. Common services provided without charge by other government departments

    During the year, the School received services without charge from certain common service organizations related to accommodation and the employer's contribution to the health and dental insurance plans. These services provided without charge have been recorded in the School's Statement of Operations and Departmental Net Financial Position as follows:

    Note 9 - Related party transactions. (a) Common services provided without charge by other government departments. Read down the first column for the services listed by category. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2017. Total common services provided without charge from other government departments is presented at the bottom in the last row of the table.
    (in thousands of dollars) 2018 2017
    Accommodation 9,593 9,188
    Employer's contribution to the health and dental insurance plans 4,568 4,803
    Total common services provided without charge from other government departments 14,161 13,991

    The Government has centralized some of its administrative activities for efficiency, cost-effectiveness and economic delivery of programs to the public. As a result, the Government uses central agencies and common service organizations so that one department performs services for all other departments and agencies without charge. The costs of these services, such as payroll and cheque issuance services provided by Public Services and Procurement Canada or IT services provided by Shared Services Canada, are not included in the School's Statement of Operations and Departmental Net Financial Position.

  2. Other transactions with related parties

    Note 9 - Related party transactions. (b) Other transactions with related parties. Read down the first column for the expenses and revenues. Read across to the right for the amounts, in thousands of dollars, for 2018 and 2017.
    (in thousands of dollars) 2018 2017
    Expenses — Other government departments and agencies 19,919 20,148
    Revenues — Other government departments and agencies 9,595 7,873

    Expenses and revenues disclosed in (b) exclude common services provided without charge, which are already disclosed in (a).

9. Segmented information

Presentation by segment is based on the School's Program Alignment Architecture. The presentation by segment is based on the same accounting policies as described in the summary of significant policies in note 2. The following table presents the expenses incurred and revenues generated for the main core responsibilities, by major object of expense and by major type of revenue. The segment results for the period are as follows:

Note 11 - Segmented information. This table presents expenses incurred and revenues generated by program based on the Program Alignment Architecture. Read down the first column for the operating expenses and revenues. Read across to the right for the amounts (in thousands of dollars) for learning services, internal services and the totals for 2018 and 2017. The net cost of operations before government funding and transfers is presented in the last row of the table.
(in thousands of dollars) Learning Services Internal Services 2018 2017
Operating expenses
Salaries and employee benefits
44,430 16,465 60,895 62,465
Professional and special services
8,440 3,743 12,183 15,474
Rental of accommodation and equipment
7,371 2,919 10,290 11,240
Transportation and telecommunications
2,025 321 2,346 1,875
Utilities, materials and supplies
202 170 372 399
Small equipment and parts
375 162 537 817
Printing and publishing
388 126 514 635
Amortization of tangible capital assets
1,058 169 1,227 1,109
Repair and maintenance
344 3 347 1,421
Other operating expenses
- (65) (65) 25
Total expenses 64,633 24,013 88,646 95,460
Revenues
Sales of goods and services
9,740 - 9,740 7,973
Other revenues
5 - 5 5
Total revenues 9,745 - 9,745 7,978 
Net cost from continuing operations before government funding and transfers 54,888 24,013 78,901 87,482

10. Restatement of 2016–2017 Financial Statements

The School decided to review its financial reporting methods related to assets. The review noted that accounts receivable due to salary overpayments should be classified as "Financial assets held on behalf of the Government." The change has been applied retroactively and comparative information for 2016–2017 has been restated.

The following table presents the effect of the prior year restated financial results:

Restatement of 2016–2017 Financial Statements. This table outlines the effects of classifying accounts receivable due to salary overpayments as "Financial assets held on behalf of the Government" on figures previously stated for the 2016–2017 fiscal year. The table addresses figures affected in the 2016–2017 Statement of Financial Position, Statement of Operations and Departmental Net Financial Position, Statement of Change in Departmental Net Debt, and Statement of Cash Flows, listing the figures originally stated in 2017, the effect of the restatement, and the final figures for 2017.
(in thousands of dollars) 2017
As previously stated
Effect of the
restatement
2017
Restated
Statement of Financial Position
Financial assets held on behalf of government
- (804) (804)
Total net financial assets
10,984 (804) 10,180
Departmental net debt
4,505 804 5,309
Departmental net financial position 423 (804) (381)
Statement of Operations and Departmental Net Financial Position
Net cash provided by Government
77,950 (804) 77,146
Net cost (revenue) of operations after government funding and transfers
(772) 804 32
Departmental net financial position – end of the year 423 (804) (381)
Statement of Change in Departmental Net Debt
Net cost (revenue) of operations after government funding and transfers
(772) 804 32
Net increase (decrease) in departmental net debt
(1,031) 804 (227)
Departmental net financial position – end of the year 4,505 804 5,309
Statement of Cash Flows
Increase in accounts receivable and accountable advances
1,419 (804) 615
Cash used in operating activities
77,115 (804) 76,311
Net cash provided by Government of Canada
77,950 (804) 77,146

11. Comparative information

Certain comparative figures have been reclassified to conform to the current year's presentation.

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